Insurance sector remains safe and sound in Q2 2017: IPEC Life Report

Insurance24

HARARE, The Insurance and Pensions Commission (IPEC) says the Insurance sector remained safe and sound and continues to play a significant role in the economy. As a result, during the second quarter ended 30 June 2017, the sector recorded improvements in key financial indicators on the back of a number of measures instituted

HARARE, Zimre Holdings Limited (ZHL) has mutually terminated negotiations over the disposal of certain assets that included a 30.03% stake in short term insurer Nicoz Diamond.

The group in a statement withdrawal a cautionary said will consider other funding alternatives to pursue its strategic opportunities.

“The Board of ZimRe wishes to advice shareholders and the investing public that negotiations